Multiple Choice
A company has net income of $43,560 with a net cash flow from operations of $91,476 and a net increase in cash of $84,942.The company paid $33,524 for income taxes and $25,000 for interest during the year.The company's quality of income ratio is approximately:
A) 6.0.
B) 4.1.
C) 3.7.
D) 2.1.
Correct Answer:
Verified
Correct Answer:
Verified
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